If you were given a $5,000 interest free loan to use to stimulate the economy or create jobs…
What would you use it for?
That’s the question Uncrunch.org is asking America. And it’s taking those responses and giving out a $5,000 interest free loan every month to the top story. As of this writing there are just over 30 Uncrunch America Stories that have been submitted.
What is Uncrunch.org?
Uncrunch.org is a “awareness campaign…aimed at providing resources to consumer and businesses in need of credit solutions. It’s goal is to help resolve the credit crunch…”
A number of companies are involved with the campaign including Lending Club, Virgin Money, Credit Karma, Gezzeo and other consumer friendly personal finance companies.
What would I do with $5K?
Well, I wouldn’t be the best candidate for a $5K interest free loan, as I would put that towards paying down some debt. That wouldn’t directly stimulate the economy or create jobs, but that’s what I would do.
Links
Geezeo’s blog on the contest, and Credit Karma’s take.
How could you stimulate the economy?
What would you do with the money? Buy a piece of equipment? Hire a part time student? Lease a small office space?
For a chance at a $5,000 0% APR loan join Uncrunch.org and submit your story.
